Page 2062 - Economy & Policy News

NHAI asset monetisation: Cabinet approves TOT model for national highways

The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways or NHAI on a case-to-case basis

Govt clears Code on Industrial Relations Bill; retrenchment norms not eased

Proposes to give legal backing to fixed-term employment

Australian ex-PM Tony Abbott calls for bilateral free trade pact with India

To focus on the RCEP, India had earlier decided to hold off talks on bilateral FTAs with both the nations

Breather for telcos: 2-year moratorium on payment of spectrum dues

This comes soon after all three private telecom operators announced they were raising mobile phone tariff

Consumer spend survey: Panel didn't flag quality issues, ask for scrapping

Govt had said a committee of experts was formed and several 'concerns' related to the survey report was flagged to it

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam

India's paper imports up 30% in April-September 2019 at $706 million

Data shows during April to September 2019, imports rose to $706 million from $602 million during same period a year ago

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

IRFC, World Bank may fund govt's Rs 1-trn plan to upgrade railway stations

The government's plan was to redevelop at least 600 stations at an investment of Rs 1 trillion

Govt to set up unified regulator for IFSC, introduce Bill in Lok Sabha

The decision was taken at a meeting of the Union Cabinet on Wednesday

CCEA okays amendments to Toll Operate Transfer model for national highways

The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways/NHAI on a case to case basis

Cabinet okays setting up of National Institute for Sowa-Rigpa in Leh

The National Institute of Sowa Rigpa would identify the best Sowa-Rigpa treatment

Andhra govt blames former CM Chandrababu Naidu for power sector's losses

State asks Centre to give subsidized loan to meet Rs 18,000-crore dues

Cabinet okays bill to grant ownership rights to unauthorised Delhi colonies

The proposal is applicable to 1,797 identified unauthorised colonies

Govt approves proposal to enact legislation for recycling of ships

It has also been decided to accede to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009, FM said

Onion shortage: Cabinet approves import of 120,000 tonnes to contain prices

The government is also facilitating private imports and also relaxed phytosanitary and fumigation norms till December

Cabinet okays Bill to replace ordinance on corporation tax rate cut

The tax rate has been reduced to 15 per cent for new domestic manufacturing companies incorporated after October 1

GST filing system working smoothly within its threshold: Infra provider

GSTN claimed that more than 11.52 lakh GSTR3B (October) returns were filed on Tuesday out of which about 1.82 lakh returns were filed in a peak hour

In biggest privatisation drive, govt to sell stake in BPCL, 4 other CPSEs

The management control will continue to be retained with the government after considering equity held by other state-run companies in the divested firm

Trump admin approves sale of $1 billion worth of naval guns to India

To be manufactured by the BAE Systems Land and Armaments, the proposed sale will improve India's capability to meet current and future threats from enemy weapon systems